Forex Dictionary

Average Earnings Index

Average Earnings Index

Measures Change in the price businesses and the government pay labor, including bonuses; Usual Effect Actual > Forecast = Good for currency; Frequency Released monthly, about 45 days after the month ends; Next Release Sep 17, 2008 FF Notes Data represents a 3-month moving average compared to the same period a year ago. A figure that excludes bonuses is also released, but not included for lack of significance; Why Traders Care It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer; Also Called Average Earnings Including Bonuses;